Research On Internal Funds Transfer Pricing System Based On China Construction Bank

Interest rate market-orientation is a crucial portion of market economy, which is the key to build market economy system, perfect the management system of financial organizations. With the development of market-oriented interest rates, the central bank will no longer regulate the funds rate. At the same time, along with the process of financial reformation, domestic commercial banks have to develop reasonable funds transfer system to deal with the market changes.Nowadays, many commercial banks make use of full pricing mode in terms of fund transfer, which accounting each items generating interests in balance sheet. However, the problem is that the system depends on the interest rates of deposits and loans announced by PBC. It can’t be able to reflect the timely needs or the supply of the capital in outside market. With the accelerating of the interest rate market-orientation, the situation will be changed in the end.In this paper, our study is conducted on the basis of the real status in China Construction Bank (CCB), and engages in finding out the proper FTP model to adapt the changing environment, including choosing the proper standard curve of interest rates, the adjustment of risk related factors, the classification of product terms and so on. Furthermore, some conductible suggestion will also be looked forward.Nowadays, many scholars focus on do research on the general commercial banks in terms of the FTP system. In this paper, the characteristics are that the viewpoints are based on the real data from the CCB and the external markets, combined with the author’s work experiences, which is helpful to put forward the ideal concepts of the FTP mode and proper steps taken into in the near future. The deficiency lies in the fact that data verification is not enough and the applied research is not further in the development of FTP mode, which will be improved diligently.